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AVC advice

pduignan · 2015-02-28 09:32:12

I am considering contributing to a company AVC scheme (rather late unfortunately) to reduce my prospective retirement age. Some facts first, I am 53 this year (July) I contribute to my company DB scheme I am a higher rate tax payer (40%) I am currently over paying my small mortgage I have a healthy savings amount My…

Comments

AlanP_2 Posts: 3,560 Forumite

2 March 2015 at 12:56PM

pduignan wrote: »

Thanks jem16, tigerspill and du roving for your advice.
Looks like I need to do a bit more research into my current DB scheme and contribution limits.
Bit gutted that I missed placing this years bonus in the AVC pot.
May come back to you all once I've more detailed info of that's OK?

Cheers:j

You could pay all of March's salary in (if payroll cutoff date allows) to offset some of what you "have missed" maybe?

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